Choice Hotels International franchises hotels worldwide. As of December 31, 2023, Choice had over 7,400 hotels with nearly 630,000 rooms. The company operates in 46 countries and territories, and has hotels in all 50 states and the District of Columbia. In August 2022, Choice acquired Radisson Hotels Americas, adding nine brands and approximately 67,000 rooms to its portfolio.

The board is green. The Nasdaq and the S&P 500 are both up more than 1%. Inflation data came in on the producer side signaling that prices are trending down. We like that. Tomorrow the CPI report is due so we can check in on the consumer side. Economists expect the July pace to match the month before.

As of Dec. 31, 2023, Choice Hotels operated 633,000 rooms across 15 brands addressing the economy and midscale segments. Comfort Inn and Comfort Suites are the largest brands (27% of the company's total domestic rooms), while Ascend and Cambria (7% of total domestic rooms) are newer lifestyle and select-service brands. Choice closed on its Radisson acquisition in August 2022, which added around 70,000 rooms. Franchises account for 100% of total revenue, and the United States represent 79% of total rooms in 2023.

As of Dec. 31, 2023, Choice Hotels operated 633,000 rooms across 15 brands addressing the economy and midscale segments. Comfort Inn and Comfort Suites are the largest brands (27% of the company's total domestic rooms), while Ascend and Cambria (7% of total domestic rooms) are newer lifestyle and select-service brands. Choice closed on its Radisson acquisition in August 2022, which added around 70,000 rooms. Franchises account for 100% of total revenue, and the United States represent 79% of total rooms in 2023.